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Toubani Resources Secures US$208 Million to Advance Kobada Gold Mine
10:05am on Monday 13th of July, 2026 AEST
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Mining
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Toubani Resources Secures US$208 Million to Advance Kobada Gold Mine
10:05am on Monday 13th of July, 2026 AEST
Key Points
US$160 million gold stream agreement with Eagle Eye Asset
Fully underwritten US$48 million equity raise at 14.3% discount
Over 60% of Kobada’s capital expenditure now committed
Additional US$40 million senior secured facility term sheet progressing
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